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COMMERCIAL

Falsgrave Road, YO12

Guide Price
£135,000
Nicholsons Yorkshire Coast Estate Agents, Filey
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

1

SIZE

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Key features

  • FREEHOLD INVESTMENT OPPORTUNITY
  • SHOP WITH THREE BED MAISONETTE
  • MAISONETTE REQUIRES COMPLETE REFURBISHMENT
  • SHOP CURRENTLY LET; SIX-YEAR LEASE COMMENCED AUGUST 2025
  • SHARED YARD BETWEEN THE SHOP AND MAISONETTE
  • SHOP AREA

Description

IDEAL INVESTMENT OPPORTUNITY - OCCUPIED SHOP WITH VACANT SPACIOUS MAISONETTE ABOVE. An excellent opportunity to acquire an occupied ground floor retail shop with a spacious three-bedroom maisonette above. The shop is let on a 6-year lease from 26th August 2025, with a tenant break option after 3 years, providing immediate rental income. The maisonette has its own private entrance and offers three bedrooms, a kitchen, a bathroom, a separate WC, and shared rear yard access. Requiring full refurbishment and modernisation throughout, the maisonette offers excellent scope to add value, making this an ideal investment with established commercial income and residential improvement potential.
ENTRANCE HALL
A private door gives access to the inner hallway, stairs to the first floor, wall-mounted electric heater.
STAIRS
Stairs lead to the first floor landing. Doors to:
KITCHEN 3.7m (12'2) x 3.4m (11'2)
This is a good-sized area that requires a kitchen to be fitted but does have a sink and space for a cooker. 2 uPVC double-glazed windows to the rear plus a glazed door that leads to the fire escape.
LOUNGE 5.6m (18'4) x 4.6m (15'1)
This is a lovely spacious area that could be used as just a lounge or lounge diner. Windows to the front, feature fireplace, coving, picture rail, and window seat.
BATHROOM 2.5m (8'2) x 1.6m (5'3)
Fitted with a bath and wash hand basin. An airing cupboard houses the hot water tank, shelving for storage.
WC
Separate WC, double glazed window to the rear.
BEDROOM ONE 4.8m (15'9) x 3.1m (10'2)
Window to the front. Built-in cupboard and feature fireplace.
BEDROOM TWO 4.3m (14'1) x 3.4m (11'2)
uPVC double-glazed bay window to the rear, feature fireplace, and built-in cupboard.
BEDROOM THREE 3.9m (12'10) x 2m (6'7)
Window to the front.
SHOP AREA
The shop has two sales areas on the ground floor with a kitchen and separate WC. Access to the rear yard. There is also a cellar/storage area. (Please note these have not been measured by the agent but will be able to viewed by prior arrangement via Nicholsons.)
REAR YARD
The yard is shared with the shop.
TENURE AND MAINTENANCE
The Freehold is being sold with the shop currently leased on a six-year term, which commenced on 26 August 2025, with a tenant break option after three years.

We have been informed by the current owner of the arrangement currently in place:

SERVICE CHARGE
This relates to parts of the building that benefit both the shop and the flat, such as the roof and drainage system. The tenants pay a reasonable proportion, as determined by the landlord.

All matters relating to tenure are subject to verification and clarification by the solicitors acting in the sale.

The maisonette is currently vacant; therefore, the new owner may create a new lease or tenancy agreement for this.

A copy of the lease will be made available to genuinely interested parties once they have viewed the property.
COUNCIL TAX & RATES
Online enquiries suggest the maisonette lies in Band A. Verbal enquiries can be made to North Yorkshire Council on .

We have been informed by the landlord that the rates for the shop are £2113.03 25/26. These should be checked for clarification by any potential purchaser.

EPC
PLEASE NOTE THE SEPARATE EPCs FOR THE SHOP AND MAISONETTE CAN BE FOUND ON THE GOVERNMENT WEBSITE BY SEARCHING 52 FALSGRAVE FOR THE SHOP UNIT AND 52A FOR THE ACCOMMODATION.

THE EPC RATING FOR THE MAISONETTE IS CURRENTLY AN E
THE EPC RATING FOR THE SHOP UNIT IS CURRENTLY A D
FLOOR PLAN
PLEASE NOTE, THE FLOOR PLAN SHOWN IS FOR THE MAISONETTE ONLY AND THE SHOP AND BASEMENT CAN BE VIEWED BY PRIOR ARRANGEMENT.
SERVICES
Mains supplies of water, electricity and drainage are connected to the property.
(Please note it is not company policy to test any services or appliances in properties offered
VIEWINGS
STRICTLY VIA NICHOLSON'S ESTATE AGENTS BY CALLING
DISCLAIMER
These particulars are subject to constant review and updating. Comments under tenure, council tax, planning use and service availability are provided for guidance only and are not based on formal enquiry, which is outside the scope of our Agency instructions. It remains for purchasers to satisfy themselves as to the facts. We cannot therefore accept any responsibility for information provided in good faith which may subsequently require amendment. Measurements provided are approximate only and should not be relied upon for other purposes.

Energy Performance Certificates

EPC Graph

Falsgrave Road, YO12

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Scarborough Station0.4 miles
  • Seamer Station2.5 miles
  • Filey Station6.7 miles
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About Nicholsons Yorkshire Coast Estate Agents, Filey

25 Belle Vue Street, Filey YO14 9HU
Industry affiliations:

The leading local estate agents with roots in the region dating back to 1924.

We pride ourselves on offering the highest levels of customer service to buyers, sellers, landlords and tenants alike.

Nicholsons Estate Agents cover all aspects of the property moving process including residential property sales and lettings, property management, commercial property sales and lettings, mortgage finance, plus land and new home sales too.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 13370. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholsons Yorkshire Coast Estate Agents, Filey. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.